Goodwill Impairment Test the subsidiary's individually identifiable net assets is $$2,000,000.$ The subsidiary has only one reporting unit, which is the same as the overall entity.

For this fact set, determine whether Goodwillil is impaired and, if so$,$ the amount of impairment.

Enter the impairment amount below, If Goodwill is not impaired, enter zero.

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Prepare the required journal entry if you determine Goodwill is impaired.

If Goodwill is not impaired, select $"$No entry" as your answers under Description and leave the Debit and Credit answers blank $($zero$).$

$\backslash$table$[[$Description$,$Debit,Credit$],[$Equity income from subsidiary,$**,0,0vv$